Comments on: Annotated Dow Industrial Channels http://www.ritholtz.com/blog/2009/11/annotated-dow-channels/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Mon, 22 Mar 2010 07:12:06 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: How the Common Man Sees It http://www.ritholtz.com/blog/2009/11/annotated-dow-channels/comment-page-1/#comment-237659 How the Common Man Sees It Fri, 27 Nov 2009 18:50:07 +0000 http://www.ritholtz.com/blog/?p=44736#comment-237659 I came up with this today. It explains a lot when you think about it. It is almost a worldwide phenomenon. We are told we have a capitalistic economy and that is what is failing us but that is just not true. The structure and basis for the world economy is debt. Therefore, we have a debtism economy and <i>that</i> is what is failing us. The next time someone goes off on a rant about how capitalism isn't working you can set them straight. This isn't capitalism, it is debtism. I came up with this today. It explains a lot when you think about it. It is almost a worldwide phenomenon.

We are told we have a capitalistic economy and that is what is failing us but that is just not true. The structure and basis for the world economy is debt. Therefore, we have a debtism economy and that is what is failing us.

The next time someone goes off on a rant about how capitalism isn’t working you can set them straight. This isn’t capitalism, it is debtism.

]]> By: CTX http://www.ritholtz.com/blog/2009/11/annotated-dow-channels/comment-page-1/#comment-237638 CTX Fri, 27 Nov 2009 17:33:57 +0000 http://www.ritholtz.com/blog/?p=44736#comment-237638 Ritholtz, let us know what you think of the close- you had some concern if we went through/threw some key fundamental resistence- tells us your thoughts Ritholtz,
let us know what you think of the close- you had some concern if we went through/threw some key fundamental resistence- tells us your thoughts

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